GLP vs. NDIV
Compare and contrast key facts about Global Partners LP (GLP) and Amplify Natural Resources Dividend Income ETF (NDIV).
NDIV is a passively managed fund by Amplify Investments that tracks the performance of the EQM Natural Resources Dividend Income Index. It was launched on Aug 24, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLP or NDIV.
Correlation
The correlation between GLP and NDIV is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLP vs. NDIV - Performance Comparison
Key characteristics
GLP:
0.86
NDIV:
0.37
GLP:
1.37
NDIV:
0.59
GLP:
1.17
NDIV:
1.07
GLP:
1.30
NDIV:
0.55
GLP:
3.12
NDIV:
1.55
GLP:
10.07%
NDIV:
3.53%
GLP:
36.36%
NDIV:
14.67%
GLP:
-81.17%
NDIV:
-16.41%
GLP:
-8.43%
NDIV:
-2.98%
Returns By Period
In the year-to-date period, GLP achieves a 19.31% return, which is significantly higher than NDIV's 6.51% return.
GLP
19.31%
-4.53%
18.68%
28.97%
60.78%
15.95%
NDIV
6.51%
1.43%
3.50%
5.06%
N/A
N/A
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Risk-Adjusted Performance
GLP vs. NDIV — Risk-Adjusted Performance Rank
GLP
NDIV
GLP vs. NDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Partners LP (GLP) and Amplify Natural Resources Dividend Income ETF (NDIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GLP vs. NDIV - Dividend Comparison
GLP's dividend yield for the trailing twelve months is around 5.29%, less than NDIV's 5.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLP Global Partners LP | 5.29% | 6.14% | 7.70% | 9.63% | 9.68% | 11.30% | 10.14% | 11.50% | 11.08% | 9.51% | 15.57% | 7.66% |
NDIV Amplify Natural Resources Dividend Income ETF | 5.54% | 5.88% | 7.37% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLP vs. NDIV - Drawdown Comparison
The maximum GLP drawdown since its inception was -81.17%, which is greater than NDIV's maximum drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for GLP and NDIV. For additional features, visit the drawdowns tool.
Volatility
GLP vs. NDIV - Volatility Comparison
Global Partners LP (GLP) has a higher volatility of 7.41% compared to Amplify Natural Resources Dividend Income ETF (NDIV) at 4.40%. This indicates that GLP's price experiences larger fluctuations and is considered to be riskier than NDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.